Looking to the Future

Demand for metals will continue to grow as global population numbers and prosperity levels steadily increase. Consequently, there will continue to be a need to design and construct new metallurgical plants. Business success in general requires projects to be financially successful and return appropriate value to their owners. However, in the metals industry, private and public sector financing sources have become very sensitive to the perceived inability of projects to contain costs and meet other business objectives. Thus, the capital for projects has become more difficult and expensive to obtain. It is instructive to note that Ernst and Young (2011) identified that: “Delivery of predictable project results bestows competitive advantage and market confidence to those corporations who successfully instill this discipline”. The implication for future projects is that they must be systematically developed to minimize perceived risks—and more importantly—to demonstrate that the risks are managed to achieve the business case. Then, provided that the project has been developed in a well-structured way, project success can again be defined as a project with: a final cost within 10% of the budget approved at the end of FEL3, when the project is properly defined and the permit conditions are agreed upon; a start-up date within three months of the definitive, scheduled startup date; production levels at 85% of design capacity within a year of starting commercial operation; production meeting the target environmental restrictions; and with zero lost time accidents during construction and startup. The plant design is one of many integrated activities required to achieve these objectives. This book represents a valuable link between the existing engineering literature that encompasses a wide range of engineering fundamental textbooks and design manuals and the project management literature such as the Project Management Body of Knowledge, or PMBOK® (Project Management Institute, 2014). It is evident throughout this book, that the design team is a small but essential part of a much larger project team comprising the project management, construction management, and construction contractor staff. Design activities must be regarded and managed as part of the integrated whole, with two fundamental links throughout the design process: